With regards to the disposition of merchandise on a basic custodial bond, the principal agrees to all of the following EXCEPT:
a) If a bonded carrier, to report promptly the arrival of merchandise at the destination port by delivering to CBP the manifest or other approved notice.
b) If a cartage or lighterage business, to deliver promptly and safely to CBP any merchandise placed in the principal’s custody together with any related cartage and lighterage ticket and manifest.
c) To dispose of merchandise in a manner authorized by CBP Regulations.
d) To file timely with CBP any report required by CBP Regulations.
e) In the case of Class 9 warehouses, to provide reasonable assurance of exportation of only merchandise subject to excise taxes that is withdrawn under the sales ticket procedure of ยง144.37(h) of this chapter.
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The Answer is: E
Citation: 19CFR113.63(c)(5)
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